LOS ANGELES, CA / ACCESSWIRE / February 8, 2022 / Sagaliam Acquisition Corp. (NASDAQ:SAGAU) ("Sagaliam" or the "Company"), a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities, today announced that holders of the units sold in the Company's initial public offering of 11,500,000 units completed on December 23, 2021, may elect to separately trade the shares of Class A common stock and rights included in the units commencing on or about February 8, 2022. Holders of units will need to have their broker contact Continental Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the units into shares of Class A common stock and rights. Those units not separated will continue to trade on the Nasdaq Global Market ("Nasdaq") under the ticker symbol "SAGAU," and the Class A common stock and rights that are separated will trade on Nasdaq under the symbols "SAGA" and "SAGAR," respectively.
Sagaliam Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Rights
Feb 08, 2022
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